Bitcoin Surges 3% as Strategy Makes First Bitcoin Purchase of 2026

The Bitcoin price has surged 3% in the last 24 hours to trade at $94, 991 as Strategy, the world’s largest corporate Bitcoin holder, starts 2026 with its first Bitcoin purchase of the year.

Strategy reported a big paper loss for Q4 2025 after the company bought 1,283 BTC for $116 million, at an average price of $90,000 per coin. This brought its total Bitcoin holdings to 673,783 BTC, worth $62.6 billion, bought at an average price of $75,026 per coin. The purchase was funded by selling MSTR stock through its at-the-market (ATM) program.

Strategy also increased its cash reserves by $62 million to $2.25 billion to cover dividends, preferred stock, and interest payments, said co-founder Michael Saylor. The new purchase is bigger than last week’s $108 million buy but smaller than its largest 2025 purchases: 22,049 BTC for $1.92 billion in March and 21,021 BTC for $2.46 billion in July.

The company posted a $17.4 billion unrealized loss in Q4 2025 because Bitcoin prices fell over 23%. It also reported a $5 billion deferred tax benefit, which could reduce future taxes. MSTR stock rose 3.88% in pre-market trading to $157 but is down more than 58% over the past year.

Strategy’s Bitcoin focus has influenced other companies. Japanese firm Metaplanet now holds 35,102 BTC worth $3.25 billion, making it the fourth-largest corporate Bitcoin holder.

Bitcoin Eyes $100K as Parabolic Reversal Signals Bullish Continuation

Bitcoin is trading at $93,800 on the 4-hour chart and the overall structure looks bullish. For several weeks, price moved sideways between $83,000 and $90,000, forming a clear major consolidation zone. This phase helped the market cool off after earlier volatility and allowed buyers to build positions without strong selling pressure gradually.

After this prolonged consolidation, Bitcoin began forming higher lows, a key sign that buyers are gaining control. The yellow curved structure on the chart shows a parabolic reversal, meaning price is slowly accelerating upward rather than moving sharply.

Bitcoin has now pushed above the $93,000 area, which previously acted as resistance. This level is important because holding above it turns it into support. As long as the price stays above this zone, the bullish structure remains intact.

The next resistance sits near $95,000, and above that, the psychological $100,000 level becomes the main target.

The RSI (14) is around 73, showing strong momentum. While this is technically overbought, it does not automatically mean the price will drop. In strong trends, RSI can stay high for a long time. A short pullback or sideways move would be normal and could help reset momentum before another push higher.

From a structural point of view, Bitcoin is still making higher highs and higher lows, which supports the bullish case. There is no clear bearish divergence on RSI, meaning momentum is still aligned with price.

If Bitcoin drops below $91,000–$92,000, it could signal short-term weakness and lead to a retest of the previous range. However, as long as the price holds above this area, the path of least resistance remains upward.